Funding you earn now, next payment 06:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.049%
Price spread now: Lighter RH against Gate−0.012%7-day average +0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$280.285% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.012%, 7d avg +0.073%
=Together, before fees+0.348%+ Points / potential airdropLighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.085% cheaper against Gate than usual: you would sell low and buy high (spread −0.012% now, against its 7-day average of +0.073%). If the spread goes back, that is −$9 on $10k: about 14 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.347% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEC_USDT | 1,484.4 | 0.0100 | pay 0.0100% / 8h | 2h 22m | $53.9M | $173.0M | 75x |
| Short | Lighter RH ZEC | 1,484.2 | 0.0120 | get 0.0015% / 1h | 22m 21s | $2.1M | $7.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.2
- Price spread: −0.012% → +0.073%
- −$8.5
- Slippage, 4 orders
- −$13.47
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$32.77
- Costs to cover
- 0.285%
- Break-even
- 61.6 days
Slippage from Gate: live order book, 2 min ago; Lighter RH: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 0.27 bp | 11.4 bp −$11 | 18.2 bp −$182 | 31.4 bp −$3,144 | 58.6 bp −$29.3K |
| Sell Lighter RH live order book, 1 min ago | 1.01 bp | 2.9 bp −$3 | 6.5 bp −$65 | doesn't fit | doesn't fit |
ZEC on 51 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3243% | 1h | 1,461.8 | −1.525% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0098% | 8h | 1,482.6 | −0.119% | $30.1M | $71.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,481.1 | −0.221% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,482.4 | −0.135% | $412K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,480.5 | −0.262% | $1.6M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,483.5 | −0.065% | $85K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,484.4 | −0.001% | $5.3M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0050% | 1h | 1,480.3 | −0.280% | $629K | $1.3M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,487.2 | +0.187% | $298K | $896K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,484.4 | −0.003% | $8K | $7K | 5x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,475.1 | −0.627% | $4.7M | $1.3M | 10x | as long as short |
| Bybit ZECUSDT | +0.0093% | 8h | 1,484.1 | −0.022% | $264.6M | $600.5M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,484.4 | 0.000% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,484.1 | −0.024% | $11K | $823K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,483.2 | −0.082% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,484.5 | +0.005% | $2.8M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,485.3 | +0.060% | $774.4M | $422.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,484.5 | +0.008% | $14.6M | $28.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,482.7 | −0.116% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,484.5 | +0.004% | $689.0M | $2.18B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,487 | +0.171% | $180.3M | $1.24B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,474.6 | −0.661% | $400K | $433K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,479.3 | −0.346% | $894K | $15K | 10x | as long as short |
| Gate ZEC_USDTlong | +0.0100% | 8h | 1,484.4 | long leg | $53.9M | $173.0M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,484.2 | −0.017% | $230.0M | $766.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,484.7 | +0.018% | $105.8M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,484.3 | −0.007% | $167.5M | $269.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,484.5 | +0.005% | — | $112.1M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,473.7 | −0.723% | $48.3M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,475 | −0.635% | $556K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,477.9 | −0.436% | $3.0M | $462K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,472.9 | −0.773% | $407K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,479.8 | −0.310% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,484.4 | −0.001% | $366K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,484.3 | −0.007% | $163K | $183K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,478.6 | −0.391% | $451K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,481.6 | −0.188% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,480.1 | −0.288% | $245K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,481 | −0.230% | $2.5M | $18.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,481.5 | −0.197% | $3.9M | $4.8M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0100% / S −0.0054% | 1h | 1,484.5 | +0.006% | $442K | — | 100x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,484 | −0.028% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,479.6 | −0.327% | $45K | $153K | 20x | as long as short |
| Lighter RH ZECshort | +0.0120% | 1h | 1,484.2 | −0.012% | $2.1M | $7.1M | 10x | |
| Kraken Futures PF_ZECUSD | +0.0145% | 1h | 1,480.1 | −0.293% | $18.1M | $45.7M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,484 | −0.030% | $937K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,483.9 | −0.036% | $19.6M | $44.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0393% | 1h | 1,482.5 | −0.131% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,482.2 | −0.146% | $3.7M | $9.3M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,484 | −0.026% | $656K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0705% | 1h | 1,477.4 | −0.475% | $45K | $49K | 10x | as long as short |
Gate ZEC_USDT
Lighter RH ZEC
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUAL
01 Exchange ZECUSD
Phoenix ZEC
Bybit ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD